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Technology Stocks : Amati - MAIN THREAD

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To: Steven Hollis who wrote (406)	6/22/1996 4:03:00 PM
From: Jim Roof	of 700

Steve: No problem. I have a small short at this point so I am somewhat biased I guess, but my position is based upon some degree of objectivity. As for the breakout, that occurred when 25 was broken according to traditional methods. If I were long and AMTX showed little strength here and began a downturn I would sell hastily. According to the chartists' theories (born out largely in practical application) the next down move may be precipitous. Again, I am not a bad guy or a doomsayer. Just keep a close eye on it. You won't get any 'I told you so's' from me. Jim

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